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4908 Margaret, Ironwood, MI 49938

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For Sale

$390,000

2 beds • 1 baths • 858 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $454.55
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Welcome to 4908 East Margaret Street, Ironwood, MI 49938! This newly remodeled 2-bed, 1-bath home offers modern amenities and historical charm in the Great Lakes snow belt. The property features a two-car attached garage and an impressive detached 30x146 ft. three-story barn built in the 1950s, offering endless possibilities for customization. Enjoy the convenience of city water, sewer, and natural gas services. Zoned for single-family residential use, there s potential for commercial conversion. With verification form zoning, enough space to create two duplexes or fourplexes, this property is an excellent investment opportunity. Ironwood s housing demand is rising, especially with local mines reopening, making it an ideal time to invest. In walking distance to the local college and ski hill. The historical barn offers ample room for additional living quarters or storage, adding vast potential. Don t miss the chance to own this unique property. BUYER TO VERIFY ALL MEASUREMENTS AND ZONING
MLS# 50158715

Courtesy Of COLDWELL BANKER MULLEADY
4871 Basphy Road, Watersmeet, MI
(715) 479-1774

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Ranch
  • Cooling System
    Ceiling Fan(s)
  • Heating System
    Baseboard
  • Lot Size
    1.3 Acres
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 4908 Margaret, Ironwood, MI 49938

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.